As of 2025-12-19, the Relative Valuation of Electrovaya Inc (ELVA.TO) is 0.44 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 9.04 CAD, the upside of Electrovaya Inc based on Relative Valuation is -95.1%.
The range of the Relative Valuation is 0.04 - 0.88 CAD.
| Range | Selected | |
| Trailing P/E multiples | 22.1x - 24.2x | 23.2x |
| Forward P/E multiples | 19.4x - 19.4x | 19.4x |
| Fair Price | 0.04 - 0.88 | 0.44 |
| Upside | -99.6% - -90.2% | -95.1% |
| Date | P/E |
| 2025-12-17 | 329.33 |
| 2025-12-16 | 341.42 |
| 2025-12-15 | 345.20 |
| 2025-12-12 | 340.66 |
| 2025-12-11 | 361.06 |
| 2025-12-10 | 280.99 |
| 2025-12-09 | 279.86 |
| 2025-12-08 | 276.84 |
| 2025-12-05 | 278.73 |
| 2025-12-04 | 277.59 |
| 2025-12-03 | 257.95 |
| 2025-12-02 | 247.00 |
| 2025-12-01 | 242.85 |
| 2025-11-28 | 246.62 |
| 2025-11-27 | 245.87 |
| 2025-11-26 | 245.49 |
| 2025-11-25 | 238.69 |
| 2025-11-24 | 227.36 |
| 2025-11-21 | 228.12 |
| 2025-11-20 | 230.00 |
| 2025-11-19 | 241.34 |
| 2025-11-18 | 243.22 |
| 2025-11-17 | 245.11 |
| 2025-11-14 | 251.15 |
| 2025-11-13 | 264.37 |
| 2025-11-12 | 268.15 |
| 2025-11-11 | 269.28 |
| 2025-11-10 | 284.01 |
| 2025-11-07 | 284.77 |
| 2025-11-06 | 274.19 |
| 2025-11-05 | 298.74 |
| 2025-11-04 | 308.56 |
| 2025-11-03 | 342.55 |
| 2025-10-31 | 342.55 |
| 2025-10-30 | 339.91 |
| 2025-10-29 | 342.17 |
| 2025-10-28 | 329.33 |
| 2025-10-27 | 330.47 |
| 2025-10-24 | 351.24 |
| 2025-10-23 | 333.49 |
| 2025-10-22 | 318.76 |
| 2025-10-21 | 345.57 |
| 2025-10-20 | 343.69 |
| 2025-10-17 | 351.62 |
| 2025-10-16 | 359.93 |
| 2025-10-15 | 387.87 |
| 2025-10-14 | 391.27 |
| 2025-10-10 | 354.26 |
| 2025-10-09 | 344.06 |
| 2025-10-08 | 345.57 |